- Operational RE capacity grows 30% YoY to 14.2 GW, continues to be India’s largest
- Greenfield addition of 3.3 GW in FY25, India’s highest ever by any RE company
- Contributed 16% of nationwide utility-scale solar and 14% of wind installations in FY25
- Consolidated net profit in the quarter ended March 2025 a 53.3 per cent rise at ₹230 crore
NE BUSINESSS BUREAU
AHMEDABAD, APR 29
Adani Green Energy Ltd (AGEL), India’s largest and fastest-growing pure-play renewable energy (RE) company, on Monday posted robust FY25 results, surpassing USD 1 billion in EBITDA, as operational renewable energy (RE) capacity grew a healthy 30 per cent to 14.2 GW (year-on-year), which continues to be India’s largest.
The company reported a 53.3 per cent rise in its consolidated net profit in the quarter ended March 2025 at ₹230 crore, with revenue from operations rising 21.6 per cent to ₹3,073 crore from the year-ago period.
Ebitda for the entire FY25 was recorded at ₹8,818 crore, up 22 per cent Y-o-Y, with an Ebitda margin of 91.7 per cent.
The company said strong revenue, Ebitda, and cash profit growth are primarily backed by robust greenfield capacity addition of 3.3 GW (gigawatt), deployment of advanced renewable energy technologies, and superior plant performance, in a press statement.
The company’s revenues from the power supply segment rose 37 per cent to ₹2,655 crore in the fourth quarter of the 2024-25 fiscal, compared to ₹1,941 crore in the same period a year ago.
The company also reappointed Vneet S. Jaain as the managing director of the renewable energy company.
FINANCIAL PERFORMANCE – Q4 & FY25
(Rs. in crore)
| Particulars | Quarterly Performance | Annual Performance | ||||
| Q4 FY24 | Q4 FY25 | % change | FY24 | FY25 | % change | |
| Revenue from Power Supply | 1,941 | 2,666 | 37% | 7,735 | 9,495 | 23% |
| EBITDA from Power Supply 1 | 1,811 | 2,453 | 35% | 7,222 | 8,818 | 22% |
| EBITDA from Power Supply (%) | 91.3% | 91.0% | 91.8% | 91.7% | ||
| Cash Profit 2 | 1,042 | 1,231 | 18% | 3,986 | 4,871 | 22% |
Commenting on this, Sagar Adani, Executive Director, Adani Green Energy, said, “We are playing a pivotal role in India’s renewable energy growth, which is evident from our historic 3.3 GW greenfield capacity addition in FY25. We contributed 16% to the nation’s utility-scale solar and 14% to wind energy additions, setting new benchmarks for rapid, large-scale renewable energy deployment. We are progressing well to develop the world’s largest renewable energy plant of 30 GW by 2029 at Khavda, Gujarat having operationalized 4.1 GW of solar and wind capacity within two years of commencing construction. We delivered high solar capacity utilisation factor (CUF) of 32.4% in Q4 FY25. This underscores the site’s high resource potential harnessed by deploying advanced technologies such as bifacial n-type modules, horizontal single-axis trackers (HSAT), and waterless robotic cleaning systems. Aligned with our circular economy framework, we achieved water positivity across our entire operational portfolio ahead of our FY26 target, a testament of our commitment to achieve the ESG objectives.”
The company said that an independent review of the US indictment did not identify any non-compliances or irregularities, adding that its holding company and subsidiary companies have complied with applicable laws and regulations.
The group has a renewable generation operational capacity of 14,243 MW as at March 31, 2025.
